[Poohbah]

$349 is still rather high, and the upside for silver looks much better than the upside for gold. When gold hits its resistance level again, a lot of money will divert over to silver--which is not as highly valued relative to its availability as gold is.

YMMV, OIRVMACTTA, et cetera.

[WatchNKorea]

$349 is still rather high...

Although I was never very good at trying to guess the swings in the gold and silver bullion markets, I do know that all the big brokerage firms have always suggested that one should have 5% of their portfolio made up of gold or silver bullion and rare coins.